ZF Steering Gear (India) (BOM:505163) Days Sales Outstanding : 77.41 (As of Sep. 2024)

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What is ZF Steering Gear (India) Days Sales Outstanding?

ZF Steering Gear (India)'s average Accounts Receivable for the three months ended in Sep. 2024 was ₹943 Mil. ZF Steering Gear (India)'s Revenue for the three months ended in Sep. 2024 was ₹1,112 Mil. Hence, ZF Steering Gear (India)'s Days Sales Outstanding for the three months ended in Sep. 2024 was 77.41.

The historical rank and industry rank for ZF Steering Gear (India)'s Days Sales Outstanding or its related term are showing as below:

BOM:505163' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.2 Med: 75.55 Max: 115.94
Current: 73.21

During the past 13 years, ZF Steering Gear (India)'s highest Days Sales Outstanding was 115.94. The lowest was 45.20. And the median was 75.55.

BOM:505163's Days Sales Outstanding is ranked worse than
64.91% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs BOM:505163: 73.21

ZF Steering Gear (India)'s Days Sales Outstanding increased from Sep. 2023 (71.86) to Sep. 2024 (77.41).

ZF Steering Gear (India) Days Sales Outstanding Historical Data

The historical data trend for ZF Steering Gear (India)'s Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ZF Steering Gear (India) Days Sales Outstanding Chart

ZF Steering Gear (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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80.64

115.94

98.43

80.38

78.40

ZF Steering Gear (India) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															71.86	75.54	72.79	69.60	77.41

Competitive Comparison of ZF Steering Gear (India)'s Days Sales Outstanding

For the Auto Parts subindustry, ZF Steering Gear (India)'s Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ZF Steering Gear (India)'s Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s Days Sales Outstanding falls into.

ZF Steering Gear (India) Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

ZF Steering Gear (India)'s Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1068.5	+	977)	/	2 )	/	4761.6	*	365
=	1022.75					/	4761.6	*	365
=	78.40

ZF Steering Gear (India)'s Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	943.1)	/	1 )	/	1111.7	*	365 / 4
=	943.1					/	1111.7	*	365 / 4
=	77.41

ZF Steering Gear (India) (BOM:505163) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

ZF Steering Gear (India) Days Sales Outstanding Related Terms

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ZF Steering Gear (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ZF Steering Gear (India) Ltd (BOM:505163) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

CTS No: 10+10A, Connaught Road, Pride Parmar Galaxy, 3rd Floor, Sadhu Vaswani Chowk, Pune, MH, IND, 411001

Website

http://www.zfindia.com

ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.

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